Archive for the: Insurance category
Posted by Cheryl Phillips on October 17th 2016 in Featured, Insurance
Whether you’re the owner of a holiday property, or a family planning your summer holiday here in the West Country; ensuring everyone’s safety is paramount.
As guests, we understand that your primary goal is to have a fantastic break, spend quality time with loved ones and see some of the great attractions and locations the West Country has to offer. You should also expect a holiday that is free from accidents and injuries, which holiday property owners do everything possible to ensure. However you can also take the following precautions:
- On arrival familiarise yourself with the property
- Read the guidebook, it will contain...
Posted by Sam Eynon on October 3rd 2016 in Featured, Insurance
With an estimated 600,000 unoccupied homes in England and
approximately 20,000 squatters in the UK, unlawful occupation is
one of the biggest risks owners face when leaving a property empty.
Other potential risks facing your property can include theft,
vandalism and accidental damage. We examine some of these key risks
below, and what you can do to mitigate them.
In 2012, a new law was introduced, making squatting in a residential property a criminal offence, punishable by up to six months in jail or a fine of up to £5,000.
However, squatting in commercial properties is not a crime and...
Posted by Sam Eynon on August 5th 2016 in Featured, Insurance
It’s every landlord’s nightmare; your tenants have vacated the property and before doing so, left you with potentially thousands of pounds worth of damage. The windows are smashed, the doors and walls full of holes, they’ve even taken your furniture – what now?
Malicious Damage is not always included in standard insurance policies. With one of the UK’s largest insurance companies showing the average costs for such claims being in the region of £6,700, it is important to understand the cover you have in place and its adequacy to protect you in such events. Failure to do so may result in...
Posted by Sam Eynon on February 11th 2016 in Featured, Insurance
We are all more reliant on technology. This increase in reliance creates new risks and potential liabilities for businesses which traditional insurance policies are insufficient to provide cover for.
Insurance that protects you in the event of a cyber-attack may seem like something only a large corporate organisation would require. However, cyber criminals are non-discriminative, using malicious codes across the internet to search for vulnerabilities, with the potential to attack business of any size, anywhere in the world.
These criminal activities commonly referred to as ‘cyber-crime’ can not only result in significant financial losses but also significant interruption to a business. So...
Posted by Sam Eynon on February 5th 2016 in General News, Insurance
From 1st February 2016, all private landlords in England will have to check new tenants have the right to be in the UK before renting out their property. Under the new rules, landlords who fail to check a potential tenant’s ‘Right to Rent’ will face penalties of up to £3,000 per tenant. The new law will mean that private landlords, including those who sub-let or take in lodgers, must check the right of prospective tenants to be in the country to avoid being hit with a penalty. Landlords should check identity documents for all new tenants and take copies. The...
Posted by Cheryl Phillips on January 19th 2016 in General News, Insurance
Pavey Group has announced a major expansion of its insurance service offered to customers of Mole Valley Farmer co-operative.
The company, which incorporates Mole Insurance Services and has offices in Torquay and Exeter, will establish a new specialist office at Mole Valley Farmers’ Holsworthy location, as part of their close and growing working relationship.
The team will focus on providing customers in and around the surrounding areas with a tailored insurance service, which offers competitive premiums, and a fully managed claims service.
Initially the branch will open with four members...
Posted by Cheryl Phillips on September 10th 2015 in General News, Insurance
Left to right Pavey Group’s Claire Frost, Compliance Manager, Graham Brown, Managing Director, Roger Nelson, Chartered Insurance Institute, Mark Fowles Exeter CII President.
I am delighted to announce that The Chartered Insurance Institute (CII) has awarded the prestigious ‘Chartered Insurance Brokers’ title to Pavey Group, the industry’s gold standard for insurance brokers and a real testament to all those here at Pavey Group . To receive recognition from the premier professional body in the insurance industry is incredibly gratifying and demonstrates our commitment to offer the highest levels of expertise and service to our clients. Achieving this title elevates us into...
Posted by Cheryl Phillips on July 30th 2015 in General News, Insurance
TORBAY'S Pavey Group has appointed an insurance expert to take up the role of senior commercial account handler.
Allyson Paddon will work with corporate clients, helping them to make sure they have the best insurance arrangements in place for their type of business needs.
Allyson, who lives in Bovey Tracey with her husband and her two daughters, said: "I'm delighted to be joining such a professional brokerage as Pavey Group, a company that shares my values of always putting the client first and developing individual solutions for firms.
"I am very focused on building long-term client relationships, really getting to understand their business...
Posted by Cheryl Phillips on May 20th 2015 in Financial, Insurance
Setting up your own Workplace Pension Scheme can be daunting. Here at Pavey Group, help is at hand. Our Independent Financial Advisers provide assistance throughout the entire process of setting up Workplace Pension schemes providing support, advice and solutions. In response to the volume of enquiries on Auto Enrolment from our existing clients, Malcolm Swift, Director of Financial Services discusses the importance of companies who have yet to stage on “Being Prepared” for Auto Enrolment.
What have we learned so far?
Malcolm replied, “I am sure many of us remember the Boy Scout motto “Be Prepared”; defined as being always ready to do what is necessary to help others,...
Posted by Cheryl Phillips on March 26th 2015 in Financial, General News, Insurance
A Devon-based insurance and financial services company has bought an established local insurance broker to expand its operations in Exeter.
Pavey Group, which has offices in Torquay and Exeter and employs 90 people, has bought Buddens Westinsure, founded in 1985, as part of the group’s on-going growth strategy. The deal was completed in March.
Already recognised as a Top 100 Independent Broker nationally, the expansion means Pavey Group will be able to offer enhanced benefits, including a fully managed claims service and independent financial advice to all former Buddens Westinsure clients.
It also means extending the range of expertise at Pavey Group, with...